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What is unemployment insurance? Assistance for people who lost jobs

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Under the CARES Act, the government has modified unemployment insurance

is a joint state-federal government program that provides money for people who have lost their jobs. Under the American Rescue Plan that President Biden signed on March 11, people will continue to receive more money from the federal government in addition to state unemployment benefits. Your benefits will vary depending on which state you live in. However, because unemployment insurance is a joint state-federal program, federal laws keep benefits fairly similar from state to state.

Most states allow you to receive benefits for up to 26 weeks, but if you're still unemployed after this time period, you may qualify for an extended program.

 

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